Alu outlook is positive

European Aluminium confirms positive market outlook despite trade challenges. At ALUMINIUM 2018, Europe’s leading aluminium trade fair, European Aluminium confirmed that the outlook for the European aluminium market is positive. Overall, the industry shows positive numbers for semi-fabricated products driven by the strong demand in the transport sector, and a good performance in the building and construction, packaging and machinery sectors. European primary production, however, is experiencing temporary clouds due to trade challenges including the U.S. tariffs on aluminium, sanctions on Rusal and Chinese overcapacity. “Trade frictions are a reality. The multilateral global trade system is not equipped to rebuild…